Real estate loans drop sharply

03:05, 10/05/2013

(ĐN)-  Total outstanding real estate loans in Dong Nai reached more than VND3.1 trillion at the end of April, representing 4% of total loans, decreasing 9% from early this year.

(ĐN)-  Total outstanding real estate loans in Dong Nai reached more than VND3.1 trillion at the end of April, representing 4% of total loans, decreasing 9% from early this year, according to figures published by Dong Nai branch of State Bank of Vietnam.

Meanwhile, consumption loans stood at over VND3 trillion, making up 7% of total lending in the province, falling 37% over the beginning of the year.

Presently, loans for small and medium enterprises accounts for nearly 27% of the province’s total loans.

Reported by V.L